Six Facts That Tell You What Is Happening to U.S. Manufacturing

While it depends where you look and the industries you select, you can see that U.S. manufacturing is now experiencing a modest rebound.

Unemployment: Is It All About Participation Rates?

Yes, at  7.6%, the unemployment rate is almost the same as last month. So too, at 11.7 million is the number of unemployed people. But some analysts think something is changing radically. They are concerned about participation rates. When we…

Unemployment Benefits and Costs

99, 26 or somewhere in between? At the end of February, Congress again will have to decide about the length of unemployment insurance (UI) Described by the state of California to its residents, 99 remains the maximum number of weeks for…

Understanding Unemployment

A Washington Post article provided some insight about unemployment by suggesting that we place all US jobs into 2 buckets: One bucket contains firms participating in a global market. Some export goods and services. Others face competition from imports. Examples include: most…

Understanding the Jobs Report

Hearing yesterday’s jobs report, most people said, “No good news.” Lower wages, almost no hiring, less time on the job and 9.2% unemployment meant more worries about the economy. These facts might provide some insight. The output gap: Minimizing the…

Cyclical or Structural?

Economists still cannot agree. With the new unemployment rate, at 9.6%, the same as the old unemployment rate, one question remains the same. Is it a jobs mismatch, contractionary lay-offs, or a third economic ailment? The diagnosis you choose will…